December 2016: Volume 22, Number 4

Posted on January 6, 2017

Next Meeting:Thursday, Jan. 19, 2016

Place: 100 Washington Avenue South, Suite 1600, Minneapolis, MN

Time: Noon – 1:00 PM

Agenda: Bud Sandberg of Wals & Associates, Ltd. will deliver the meeting presentation, “Avoiding the Pitfalls – Guess Work When Doing a Machinery/Equipment Valuation.” The session looks at the approaches to valuation, the methods of valuation, plus what one should do or not do when evaluating equipment.

Notes from the December 15 MABVP-ASA Valuation Contest:

Thank you to Jeffrey Wright of Corporate Finance Associates for presenting details from two business sales! Gift cards were awarded to attendees who submitted guesses closest to the actual sale price. Congratulations to our winners!

Contest winners were:

First sale: Corey O’Connell and Joshua Johnson

Second sale: Liubym Gerasymenko and Cody Lindman

A date for the 2017 Business Valuation Conference was chosen and the event will be Friday, May 5, 2017 at the University of St. Thomas Minneapolis campus.

Upcoming Meeting Schedule:

Thursday, Jan. 19, 2017 (Equipment Appraisals, Bud Sandberg)

Thursday, Feb. 16, 2017 (speaker pending)

Monday in March 2017 (joint meeting with ASA; date TBD)

April 2017 (no meeting)

May 5, 2017 – Business Valuation Conference – University of St. Thomas Minneapolis campus